Insurance – Leeds Financial Brokers Ltdhttp://leedsfinancialbrokersltd.com
Finance & InvestmentsTue, 07 Aug 2018 11:20:35 +0000en-UShourly1https://wordpress.org/?v=4.9.8Saving A Lot When You Shop Car Insurance the Right Wayhttp://leedsfinancialbrokersltd.com/saving-a-lot-when-you-shop-car-insurance-the-right-way.html
Wed, 18 Apr 2018 09:33:34 +0000http://leedsfinancialbrokersltd.com/?p=212How often does it happen that you are driving flawlessly and get hit by some moron? Or you are sitting idle in traffic and a bike comes and rams into the rear end of your car? Though there was no fault of yours, you will now have to get those repairs done. If you are lucky enough, the other person will pay something for the damages. But you can rely everything on luck now, can you? The easier option then is to buy car insurance.

This above is just one of the scenarios where a car insurance comes in handy, getting the repairs done without shelling out a lot of money from your pockets. If you meet with an accident and it results in injuries or damages to another person or property, your policy will take care of that, again, ensuring that you do not pay money from your pockets. If these reasons aren’t compelling enough, you must buy car insurance because the law mandates it. As per the Motor Vehicle Act of 1988, all cars must have a valid car insurance to be deemed legal for road usage.

Never Shop For Car Insurance without These Great Tactics

Now that we know that car insurance is both mandatory and a must to drive your car, here are tips to help you shop better.

Insurance Type

There are primarily two types of car insurance that you can buy in the country. It is essential to understand which one suits your needs and makes sense. The two insurance types are third party liability and comprehensive insurance.

While the first is the bare minimum requirement for you to drive the car, the later provides a lot more value for money and features. Though the comprehensive insurance is recommended, you can decide which one would make the cut for you.

Add-Ons

When you buy insurance via agents, there is a high probability that they will sell you add-ons. Though there is nothing wrong with buying an add-on but getting the wrong add-on makes all the difference. Add-ons are great to enhance the capabilities of your car insurance and make them worthwhile. Therefore, it is recommended to buy one only as per your requirement.

Knowledge That Can Save You Money on Car Insurance

You must not blindly choose insurance because your friend, colleague or agent said so. In fact, there are a lot of small ways by which you can save money on your car insurance premium. Following are some of them.

Do not claim

Yes, you read it right. We have the tendency of claiming the insurance for even the smallest of cases. Should you avoid doing that for every small case, you can save a substantial amount of money in the form of NCB or No Claims Bonus. So, be judicious with your claims.

Pay deductibles voluntarily

When you claim your insurance policy, there is a component that you must pay as a mandatory deduction. You have the option of choosing this amount. Policy holders can opt for a slightly higher deductible which reduces the insurance premium.

IDV

IDV or Insured Declared Value plays a key role in deciding the insurance premium amount for your policy. Thus, it makes sense to opt for a lower IDV right? Not necessarily. A lower IDV might help you in reducing the premium up front, but it might have some repercussions later on. You need to strike a balance while selecting the IDV if you want to reduce the insurance premium.

Go Online

You can buy almost anything these days online. Car insurance is no different. When you buy or scout for a car insurance online, you will definitely save a substantial amount of the premiums. The simple reason is, insurance companies do not have to pay the intermediaries and the same is passed on to you.

Compare

Another great way to save money on your insurance premium is to compare them. When you compare different policies, you get to know what each insurer is offering. Based on the features offered, the price of the policy and post sales service of the insurer, you can zero down on a car insurance policy.

]]>Grow Your Life Insurance Brokerage Onlinehttp://leedsfinancialbrokersltd.com/grow-your-life-insurance-brokerage-online.html
Sat, 17 Mar 2018 05:25:50 +0000http://leedsfinancialbrokersltd.com/?p=180The fact that you’ve clicked on this article shows that you are interested in selling life insurance. Being in this business, you may have heard that online insurance broking is more efficient and profitable. In this article, you can learn about improving your life insurance business and reaching more people than ever.

The Website

If your brokerage already has a website, this is going to be your fundamental tool for getting more sales. If you don’t have one, you should create one right away. Either way, you need to make sure you have an appealing site layout targeting the people you want to sell to. If you’re going to sell to wealthier clients, you have to design a site that looks more high-end. If you’re going to sell to more middle-class clients, your website should still look clean and professional yet a little minimalistic. You also want to make very appealing web pages for your sales. The pages should highlight prices of the life insurance policies you offer. They should also sell to the customer by highlighting what makes your life insurance better than your competitors. If you need help creating a website, there are many online courses you can take for the same. You don’t need to go out and hire a developer right away.

Marketing

With your website ready, the next step is going to be marketing. There are a couple of ways to do this: SEO and paid advertising. If you are a broker yourself, you probably won’t have time to do it on your own. You should some research for an SEO company that can do these things for you if you don’t have the time. You can target people so that when they search online, your site will appear on top. If you do have the time and capital to invest in these marketing pursuits, you can find more information about it on the website of Zippy Passive Income. Here you can also learn the basics of online marketing and learn about growing your passive income.

Grow Your Business

With time you would need to gain experience and grow your business to reach new heights. This would require a time span of around 1-5 years and a massive online outreach. You can start by sharing your website on social media with an appealing article. This would introduce you to more potential customers, and with time, you can gain their trust and support.